Financing for Wood Window and Door Manufacturing
Looking for loans for wood window and door manufacturing? An SBA loan may be just what you've been looking for. This $225,000 wood window and door manufacturing loan was issued by an Indiana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Topeka, Indiana was able to borrow $225,000 from 1st Source Bank. The SBA made the loan possible by guaranteeing $168,750 of this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
TOPEKA, IN 46571
SBA Loan Lender
1ST SOURCE BANK
100 N MICHIGAN ST
SOUTH BEND, IN 46601
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
321911 - Wood Window and Door Manufacturing
Loan Approval Date
9/22/2003
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 38 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 38 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
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